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Tuesday, November 5, 2024

The second half of 2021: Bennett (Arapahoe County) experienced a 17.2% increase in median home prices

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The median sale price of a home sold in the second half of 2021 in Bennett in Arapahoe County rose by $97,500 while total sales decreased by 75%, according to BlockShopper.com.

From July through December of 2021, there were three homes sold, with a median sale price of $665,000 - a 17.2% increase over the $567,500 median sale price for the same period of the previous year. There were 12 homes sold in Bennett in the second half of 2020.

The median sales tax in Bennett for the most recent year with available data, 2018, was $3,714, approximately 0.6% of the median home sale price for the second half of 2021.

The following table compares Bennett to other Arapahoe County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Greenwood Village102195-47.7%$918,750$1,180,000-22.1%
Inverness151225%$820,000$524,00056.5%
Foxfield15-80%$780,000$777,6000.3%
Watkins5425%$748,000$705,7506%
Cherry Creek92113-18.6%$717,500$632,00013.5%
Bennett312-75%$665,000$567,50017.2%
Columbine2932-9.4%$625,000$358,75074.2%
Holly Hills352634.6%$590,000$546,194.788%
Centennial9461,135-16.7%$580,000$483,50020%
Littleton325449-27.6%$555,000$480,00015.6%
Spring Creek Meadows191258.3%$555,000$420,00032.1%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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